New "Green" Machine
Makes World Wide Premiere at the North American International Auto
Show
DETROIT, MI. Jan. 14, 2008: Fisker Automotive, Inc., a green
American premium sports car company, today unveiled its first
production car, the Fisker Karma, at the North American
International Auto Show (NAIAS) in Detroit. The first of its kind
four-door plug-in hybrid premium sports sedan will have a starting
price of $80,000. Initial deliveries of the Karma will commence in
the 4th quarter of 2009 with annual production projected to reach
15,000 cars. The first 99 cars off the assembly line will be
individually numbered and signed by Henrik Fisker and will be
produced in the color and trim of the show car seen at NAIAS.

In Buddhism/Hinduism,
Karma is defined as the force generated by a person's good or evil
actions which determines the nature of the person's next existence.
The Fisker Karma allows consumers to practice good Karma driving a
car that is environmentally friendly without sacrificing the
extreme comfort and style of the luxury automobile category.

"In creating Fisker
Automotive, Inc. we sought to develop a range of beautiful,
environmentally friendly cars that make environmental sense without
compromise," said Fisker Automotive, Inc. CEO Henrik Fisker. "Our
hope is that the Fisker Karma will be the start of a new trend in
the automotive business less concession with more efficiency."

The car features
cutting-edge plug-in hybrid technology, penned as Q DRIVE, developed
by Quantum Technologies exclusively for Fisker Automotive. The
Karma's Q DRIVE configuration consists of a small gasoline engine
that turns the generator, which charges the lithium ion battery
pack, powering the electric motor and turning the rear wheels. This
proprietary design allows consumers to drive the car emission free
for up to 50 miles a day provided the car is charged every evening.
It's conceivable that if consumers follow this daily routine, they
will only need to fuel the car but once a year. This Q DRIVE
technology will provide a base for all future derivatives from
Fisker Automotive.

"Our goal here is to deliver the advancement that Quantum
Technologies has made in the area of plug-in hybrid technology. By
combining our efforts with the renowned design talent of Henrik
Fisker, we can produce cars that make a difference to the
environment without sacrificing the luxury that accompanies the
finest automobiles, stated Alan Niedzwiecki, CEO Quantum
Technologies.

Fisker Karma Design

The sleek design of the
Fisker Karma, which accentuates the long hood, is a direct result of
the breakthrough all-new from the ground up chassis design with
powertrain development. This unique design places the battery pack
at the center of the vehicle between the two axles, providing
optimal vehicle driving dynamics, maximum safety, and proportionate
design. Both the interior and exterior of the car will be put to
market as seen at the NAIAS.

Fisker Karma Interior

The Karma's luxurious
interior boasts four individual first class seats, a modern and
sophisticated interior design and a spacious luggage capacity that
can fit two golf bags and luggage in the trunk. Other interior
optional features to include:

Driving Modes: The
driver will be able to select between two modes of driving. The
first mode is "Stealth Drive", which is the quiet economy mode
for optimal relaxed and efficient driving. By flipping the
second paddle behind the steering wheel, the car will switch to
"Sport Drive", which will access the full power of the vehicle.

Fisker Karma Exterior

The all new from the
ground up exterior design features a continual flow of sculpture and
dramatic proportion. Similar in height to the Porsche 911, the
length of the Mercedes Benz CLS, and the width of a BMW 7-series,
the Fisker Karma's structure and body panels will make extensive use
of aluminum to keep the overall vehicle weight as low as possible.
Additionally, a new drive train configuration will provide optimal
weight distribution. The vehicle's low and wide stance offers the
driver a unique view of the fenders from the inside of the car.

The Fisker Karma will offer partly self-contained climate control,
as consumers will have the option to purchase a full length solar
roof that will help charge the car and provide cooling for the
interior cabin while the car is parked. Additionally, Fisker
Automotive will offer consumers an option to purchase a set of solar
panels for their roofs or garages where they can generate
electricity during the day to charge the car overnightagain cost
and emission free.
Other exterior details to take note of include:

Exterior Panels:
Extensive use of lightweight materials used for optimal weight
and driving dynamics

Solar Panel Roof:
The Karma will offer self-contained climate control, as
consumers will have the option to purchase a full length solar
roof that will help charge the car and provide cooling for the
interior cabin while the car is parked

Innovation: The
Karma will feature a newly developed lightweight body and

About Fisker Automotive, Inc.

Keeping with the
company's mantra of "Simply World Class", Fisker Automotive and its
retailers will offer a customer experience second to none. All
retailers will be housed in eco-friendly facilities and will offer
consumers a unique personal approach, including the ability to ask
questions via video conference with an expert at Fisker Automotive
headquarters and flexible scheduling based on consumer availability.

Fisker Automotive is a
privately owned car company with Henrik Fisker serving as the CEO.
Fisker Coachbuild, LLC will be the exclusive design house for Fisker
Automotive through the entire range of product development.
Additional executive team members include Vic Doolan, Board Member
FA & Director of Retail Development; Alan Niedzwiecki, CEO Quantum
Technologies & Board Member FA; Bernhard Koehler, COO; Thomas Fritz,
Director of Engineering; and production design by Alexander Klatt,
formerly of BMW and Mark Clarke formerly of Porsche. This
experienced team will help Fisker Automotive lead the future and
redefine automotive design by creating the ultimate eco-chic car -
cars that marry unparalleled style with environmental consciousness.

Fisker Automotive will
offer its range of cars worldwide with first deliveries starting in
North America in the 4th quarter of 2009.

Fisker Coachbuild, LLC
is a privately owned company that has brought a new vision to the
world of exotic, high-end performance sports cars. Their
distinctively designed and expertly engineered automobiles are hand
crafted using only the best quality materials and infused with
cutting-edge safety technology. Fisker Coachbuild offers elegant and
timeless sports cars of limited production providing the ultimate in
exclusivity. The Fisker line is currently comprised of the Tramonto
and Latigo CS. Creative design services are also carried out for
further brand recognition within Fisker Coachbuild through
merchandising. Designed by Fisker Coachbuild has also made its mark
with the Artega GT design launched at the Geneva Auto Show in 2007.
Now the future strategy will be to focus solely on the design of the
environmental friendly premium cars for
Fisker
Automotive, Inc.